VP, Financial Reporting and Accounting (Team Lead), Group Finance

Job title: VP, Financial Reporting and Accounting (Team Lead), Group Finance

Company: DBS Bank


Job description: Group Finance aims to deliver world-class standards in reporting, financial planning and finance processes. We provide insights and analyses that help the bank make sound business decisions – whether in the areas of product development or customer profitability. We also provide capital management, business planning, forecasting, and tax and accounting advisory services.Responsibilities·Responsible for DBS HK entities financial and regulatory reporting process (covering HKMA, SFC and SG MAS regulatory reporting)·Lead the preparation of all annual and interim financial statements in compliance with local accounting standard and HKMA disclosure requirements·Lead a team to ensure timely and accurate submission of head office reporting and regulatory returns·Coordinate financial disclosure and regulatory reporting of the new requirements (e.g. new Basel III Reform)·Perform assessment on the accounting and regulatory reporting treatment for current / new products and business, including general ledger booking logic and the financial and regulatory reporting impact·Perform impact assessment and work with relevant department to implement new accounting standards.·Representing Finance in cross bank system implementation and process change and financial system change experience preferred·Have desire to drive change with an objective to improve efficiency and enhance control·Manage internal and external audits, and financial disclosures reviewRequirements·Degree holder in Accounting, Finance or related disciplines and a qualified accountant·Minimum 10 years’ relevant experience in financial institutions (primarily locally incorporated banks with SFC licensed entity exposure) and currently in managerial level·Strong knowledge on banking products and related accounting and regulatory reporting treatment·Good knowledge on financial control framework for banks·Good writing skills, communication and interpersonal skills·Strong leadership and good people management·Attentive to details and accuracy and drive for process efficiency·Self-motivated and able to work independently·Exposure to HK Tax is preferredApply NowWe offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.We regret only shortlisted candidates will be notified.

Expected salary:

Location: Hong Kong

Job date: Wed, 05 Feb 2025 08:42:46 GMT

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